Vintage capital and the dynamics of the AK model Boucekkine, Raouf; Licandro, Omar; Puch, Luis A; ...

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Authors
Boucekkine, Raouf ; Licandro, Omar ; Puch, Luis A ; Rio, Fernando del
Appears In
Journal of Economic Theory
Subjects
Difference equations -- Models; Equilibrium (Economics) -- Models; Business
Audience
Academic
Summary
The equilibrium dynamics of an AK-type endogenous model with vintage capital is analyzed. Further to characterize the optimal solutions of the model the study developed analytical and numerical methods that should be interest for the general resolution of endogenous growth models with vintage capital.
Bookmark
http://trove.nla.gov.au/work/298370
Work ID
298370

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